Apr 25 at 06:14 AM
Need to remember this chart, just remember the following four sets of data:
1γFall π10% β Need to rise π11.11%
2γFall π20% β Need to rise π25%
3γFall π33.3% β Need to rise π50%
4γFall π50% β Need to rise π100%
So controlling drawdown is very important, around 15% is reasonable, beyond 30% it's harder to catch upπ
However, when the stock market falls more than 30%, it should be a good time to add positions on the left sideπ€
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